Equity

iShares Japan Index Fund (IE)

  • NAV as of 20/Nov/2024 JPY 1’980.76
  • 1 Day NAV Change as of 20/Nov/2024 -9.80 (-0.49%)

Overview

Investment Approach


The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the equity market in Japan.

The Fund is passively managed and invests in equity securities (e.g. shares) listed and traded on regulated markets in Japan.

The return of the Fund will be compared with the return on an index which will initially be the MSCI Japan Index (with net dividends), the Fund’s benchmark index.

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

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Performance

Performance

This chart has been left intentionally blank as there is less than one year's performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in JPY, hedged share class benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets
as of 20/Nov/2024
JPY 31’387’052’786
Share Class launch date
15/Oct/2024
Share Class Currency
JPY
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
0.17%
ISIN
IE000TOBHQ26
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BRXH3Z2
Net Assets of Fund
as of 20/Nov/2024
USD 1’978’584’312
Fund Launch Date
01/Dec/2005
Fund Base Currency
USD
Benchmark Index
MSCI Japan Index
Initial Charge
0.00
Management Fee
0.15%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGIJPJP

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
198
3y Beta
as of -
-
P/B Ratio
as of 31/Oct/2024
1.52
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 31/Oct/2024
15.79

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of 31/Oct/2024
0.00%
MSCI - Nuclear Weapons
as of 31/Oct/2024
0.00%
MSCI - Civilian Firearms
as of 31/Oct/2024
0.00%
MSCI - Tobacco
as of 31/Oct/2024
0.90%
MSCI - UN Global Compact Violators
as of 31/Oct/2024
0.17%
MSCI - Thermal Coal
as of 31/Oct/2024
0.00%
MSCI - Oil Sands
as of 31/Oct/2024
0.00%
Business Involvement Coverage
as of 31/Oct/2024
100.00%
Percentage of Fund not covered
as of 31/Oct/2024
0.00%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 5.42% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Risk Indicator

Risk Indicator

1
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3
4
5
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7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
TOYOTA MOTOR CORP 4.80
HITACHI LTD 3.17
MITSUBISHI UFJ FINANCIAL GROUP INC 3.15
SONY GROUP CORP 2.96
RECRUIT HOLDINGS LTD 2.47
Name Weight (%)
KEYENCE CORP 2.37
SUMITOMO MITSUI FINANCIAL GROUP IN 2.14
TOKYO ELECTRON LTD 1.83
TOKIO MARINE HOLDINGS INC 1.82
SHIN ETSU CHEMICAL LTD 1.81
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Institutional Acc JPY 1’980.76 -9.80 -0.49 20/Nov/2024 2’017.70 1’925.13 IE000TOBHQ26
Class D EUR 15.15 -0.14 -0.92 20/Nov/2024 15.78 12.94 IE00BDRK7T12
Inst EUR 27.13 -0.25 -0.92 20/Nov/2024 28.26 23.18 IE00B6RVWW34
Inst USD 18.82 -0.29 -1.54 20/Nov/2024 20.84 16.79 IE00B1W56N49
Class Flex Acc JPY 3’611.80 -17.86 -0.49 20/Nov/2024 3’939.35 2’950.39 IE00BFMHVB17
Institutional Dist JPY 3’403.34 -16.84 -0.49 20/Nov/2024 3’714.00 2’781.33 IE00BL1GW748
Class D USD 14.78 -0.23 -1.54 20/Nov/2024 16.35 13.18 IE00BD0NCS18
Flex USD 16.83 -0.26 -1.54 20/Nov/2024 18.63 15.02 IE00B0409979
Inst USD 22.04 -0.34 -1.54 20/Nov/2024 24.39 19.66 IE00B1W56M32
Flex EUR 24.08 -0.22 -0.92 20/Nov/2024 25.08 20.57 IE00B8J31C42
Flex EUR 24.62 -0.23 -0.92 20/Nov/2024 25.64 21.05 IE00B39J2X56
Class S JPY 2’997.27 -14.86 -0.49 20/Nov/2024 3’266.66 2’447.13 IE00015NBWB1
Flex USD 19.58 -0.31 -1.54 20/Nov/2024 21.67 17.46 IE0001199953

Portfolio Managers

Portfolio Managers

Dharma Laloobhai
Dharma Laloobhai
Group Index Equity PM Core DM EMEA
Group Index Equity PM Core DM EMEA

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 5 years
Example Investment JPY 1’000’000
Scenario
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
721’800 JPY
-27.8%
418’940 JPY
-16.0%

Unfavourable

What you might get back after costs
Average return each year
762’020 JPY
-23.8%
975’930 JPY
-0.5%

Moderate

What you might get back after costs
Average return each year
1’094’160 JPY
9.4%
1’396’240 JPY
6.9%

Favourable

What you might get back after costs
Average return each year
1’427’660 JPY
42.8%
2’064’070 JPY
15.6%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature